Tetra Income Tax Expense from 2010 to 2024

TTI Stock  USD 3.87  0.09  2.27%   
Tetra Technologies' Income Tax Expense is increasing with stable movements from year to year. Income Tax Expense is predicted to flatten to about 5.2 M. For the period between 2010 and 2024, Tetra Technologies, Income Tax Expense quarterly trend regression had median of  3,565,000 and r-value of  0.16. View All Fundamentals
 
Income Tax Expense  
First Reported
1990-06-30
Previous Quarter
4.8 M
Current Value
4.7 M
Quarterly Volatility
6.7 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tetra Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tetra Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 64.8 M, Interest Expense of 18.1 M or Total Revenue of 571.7 M, as well as many indicators such as Price To Sales Ratio of 1.29, Dividend Yield of 0.0098 or PTB Ratio of 4.53. Tetra financial statements analysis is a perfect complement when working with Tetra Technologies Valuation or Volatility modules.
  
Check out the analysis of Tetra Technologies Correlation against competitors.
For more detail on how to invest in Tetra Stock please use our How to Invest in Tetra Technologies guide.

Latest Tetra Technologies' Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Tetra Technologies over the last few years. It is Tetra Technologies' Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tetra Technologies' overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Pretty Stable
   Income Tax Expense   
       Timeline  

Tetra Income Tax Expense Regression Statistics

Arithmetic Mean3,944,078
Coefficient Of Variation93.96
Mean Deviation3,086,083
Median3,565,000
Standard Deviation3,705,855
Sample Variance13.7T
Range13.2M
R-Value0.16
Mean Square Error14.4T
R-Squared0.03
Significance0.56
Slope135,583
Total Sum of Squares192.3T

Tetra Income Tax Expense History

20245.2 M
20236.2 M
20223.6 M
20212.1 M
20201.8 M
20196.2 M
20186.3 M

About Tetra Technologies Financial Statements

Investors use fundamental indicators, such as Tetra Technologies' Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Tetra Technologies' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Income Tax Expense6.2 M5.2 M

Currently Active Assets on Macroaxis

When determining whether Tetra Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tetra Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tetra Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tetra Technologies Stock:
Check out the analysis of Tetra Technologies Correlation against competitors.
For more detail on how to invest in Tetra Stock please use our How to Invest in Tetra Technologies guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tetra Technologies. If investors know Tetra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tetra Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.58)
Earnings Share
0.06
Revenue Per Share
4.721
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0587
The market value of Tetra Technologies is measured differently than its book value, which is the value of Tetra that is recorded on the company's balance sheet. Investors also form their own opinion of Tetra Technologies' value that differs from its market value or its book value, called intrinsic value, which is Tetra Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tetra Technologies' market value can be influenced by many factors that don't directly affect Tetra Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tetra Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tetra Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tetra Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.